The problem
Employers juggle many benefits vendors and employees struggle to understand and use what they have
What they do
One platform and card for employee stipends, LSAs, FSAs, HRAs and commuter benefits
Traction Revenue more than doubled since Jan 2025; 300+ employers, 6M+ card transactions
Hiring trend
- Open roles
- 4
- Ops roles
- 2
- Headcount
- ~120
~120 staff (Crustdata), up from 19 in 2021; growing YoY on LinkedIn; 5 open roles
Hiring in
- Remote (US)
Glassdoor
4.9 ★ 26 reviews ↗Funding
- Last round
- $40M
- Stage
- Series B
- Date
- Jan 2026
Led by Centana Growth Partners
- Hiring+14 open roles on the live job board (3–9 roles = +1)
- Funding recency+1Series B · $40M, Jan 2026 (9 months ago): 6–12 months = +1
- Traction+1.5Strong growth: Revenue more than doubled since Jan 2025; 300+ employers, 6M+ card transactions
- Red flags0None found in the last 24 months
- Total3.51 + 1 + 1.5 − 0 = 3.5 → Tempo (3.5–4.24)
Distance (10K) is a separate read on how long the lead can last. It doesn't change the score.
Distance
10K · edge: hard to leave
A solid, growing player in a crowded benefits-accounts market led by Forma for stipends and big incumbents for FSAs and HSAs.
Sources: PR Newswire, Jan 2026: $40M Series B, 250+ employers, revenue more than doubled ↗ · PR Newswire, Oct 2026: 300+ employers, 6M+ card transactions, Workday Wellness partner ↗ · Dealroom: $160M valuation at Series B vs $80M in 2024 ↗
Last checked Oct 25, 2026